Asia Mixed, Japan Again Posts Losses - InvestingChannel

Asia Mixed, Japan Again Posts Losses

Markets in the Asia-Pacific traded mixed after Wall Street ended its four-day losing streak as global bonds rose after the Bank of Japan adjusted its yield curve control tolerance.

In Japan, the Nikkei 225 lost another 180.31 points, or 0.7%, to 26,387.72.

The Japanese yen stood at 131.97 against the U.S. dollar.

In Hong Kong, the Hang Seng reversed course and gained 65.69 points, or 0.3%, to 19,160.49.

Australian markets moved upward as the country’s foreign minister Penny Wong is slated to meet her Chinese counterpart Wang Yi in Beijing.

Wong told reporters before departing for the trip that she will push China to lift trade sanctions and seek consular access for two detained Australians.

CHINA

In Shanghai, the CSI 300 inched up 1.52 points to 3,830.54, as Hong Kong Chief Executive John Lee is scheduled to travel to Beijing as part of his annual visit until Saturday to brief state leaders on the city’s economic, social and political situation.

In other markets

In Taiwan, the Taiex regained 64.37 points, or 0.5%, to 14,234.40

In Korea, the Kospi index slid 4.34 points, or 0.2%, to 2,328.95.

In Singapore, the Straits Times Index edged up 2.22 points, or 0.1%, to 3,256.19.

In Australia, the ASX 200 recovered 90.82 points, or 1.3%, to 7,115.09

In New Zealand, the NZX 50 restocked 47.22 points, or 0.4%, to 11,452.06.

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